Housing Recovery?

Housing Recovery?

We are in a housing recovery, yay!   Not so fast there Mr. Headline.  Before we get too giddy about the happy run up in home prices, we need to assess some important fundamentals. House prices across the spectrum are heavily dependent on first-time home buyers. The first-timer buys a home from an existing homeowner […]

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Monaco Conference: Saving the World Financial Systems

On April 25th I spoke on a round table at the XIth International CIFA FORUM in Monaco on Saving the World Financial Systems with Luca Fantacci and my good friend Dan Mitchell.   Click here for a video clip of an interview after my talk.  Below that are my thoughts from the discussion. If you incorrectly identify […]

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Federal Reserve and National Debt

It took the federal government around 200 years to accumulate a trillion dollars in debt. Within the following decade it tripled that number, then doubled it again in just twelve years, and doubled it again in another 8 years. Overall the national debt has increased sixteen-fold in just 30 years. Incidentally, this period coincides with […]

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